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Alchen [17]
3 years ago
8

Ethics is so important in financial accounting and reporting that the government has passed a law regulating ethical actions of

businesses related to their financial reporting practices. why is ethics in financial reporting so important for the country's economy?
Business
1 answer:
devlian [24]3 years ago
7 0
<span>Ethics is incredibly important when it comes to financial reporting and accounting, so important that the government saw fit to pass a law that regulates the actions of businesses and how ethical they are when it comes to how they report. The reason that ethics is so very important when it comes to the economy of the country is because if there is a reason to believe that companies are using unethical practices in reporting, it allows investors and creditors to back away and not offer any more financial backing.</span>
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If you bought a share of common stock, you would probably expect to receive dividends plus an eventual capital gain. Would the d
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Answer: Yes, the distribution between the dividend yield and the capital gains yield would influence the firm’s decision to pay more dividends rather than to retain and reinvest more of its earnings.

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6 0
3 years ago
The Lin household’s annual income is $188000. Based on the U.S. federal tax rates below, what is the average tax rate for the Li
Sedaia [141]

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24%

Explanation:

For the taxes due on April 2020 (current year taxes):

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3 years ago
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Ann [662]

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3 years ago
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